Fallbrook Technologies ( Fallbrook ) announced that the company will establish a joint venture plant with Ningbo Shentong Group to jointly produce the NuVinci DeltaSeries Continuously Variable Planetary (CVP) transmission for light trucks and electric passenger cars.
It is reported that the joint venture plant is named Shentong Fallbrook CVT Company.
In the initial stage, the two companies will jointly develop the product market, and warehousing, manufacturing processes, and technologies will all come from scratch.
With preparations in place, Shentong Fallbrook will begin production of CVT transmissions and other transmission components, which will be sold to domestic and foreign markets.
It is reported that after NuVinci DeltaSeries CVT transmission and 210cc air-conditioning compressor replaced 330cc compressor, it is expected to save up to 1,500 US dollars per year for passenger car air-conditioning systems.
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